{"id":2465,"date":"2015-09-11T08:40:57","date_gmt":"2015-09-11T08:40:57","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=2465"},"modified":"2015-09-11T08:40:57","modified_gmt":"2015-09-11T08:40:57","slug":"younger-stock-boosts-car-de-fleet-values-manheim","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/younger-stock-boosts-car-de-fleet-values-manheim\/","title":{"rendered":"Younger stock boosts car de-fleet values at Manheim"},"content":{"rendered":"
\n

The average values for de-fleeted cars were up 2.2% (\u00a3159) in August, according to Manheim monthly sales data, and 1.4% (\u00a3103) above the same month last year.<\/p>\n

The increase in the average selling price was likely helped by the average age of stock being 47 months \u2013 two months younger than July 2015 and a drop of four months from August 2014. Average mileage was also down, 2.3% (1,304 miles) month-on-month and 7% (4,220 miles) year-on-year. The average de-fleeted car had 55,927 miles on the clock, which is the lowest recorded for at least 12 months.<\/p>\n

Manheim\u2019s auction volumes were dominated by medium family cars and small hatchbacks, which made up 31% and 22% of stock, respectively.<\/p>\n

Continuing the trend seen in July, superminis performed well in August, with values up 23.1% (\u00a31,187) from the previous month and 58.5% (\u00a32,336) compared to the same month in 2014. Average mileage for this segment was down 16.6% (4,479 miles) month-on-month and 35.7% (12,818 miles) year-on-year.<\/p>\n

While small hatchback volumes increased by 1% from July, and had the highest year-on-year increase in volume of 5.4%, values in August were up by 10.5% (\u00a3523) month-on-month and 13.8% (\u00a3668) from one year ago. Similarly to superminis, average mileage was lower compared to both July 2015 (by 7.4% or 2,831 miles) and August 2014 (by 19% or 8,298 miles).<\/p>\n

Month-on-month stock age was down six months for superminis and seven months for small hatchbacks, and was 10 months younger year-on-year for both segments.<\/p>\n

Daren Wiseman, valuation services manager at Manheim, said: \u201cYounger, lower mileage ex-fleet cars are still finding buyers very easily in the used market. The quality of Manheim\u2019s de-fleeted stock is attracting buyers both in-lane and online, helping our fleet vendors to achieve excellent prices. We may see lower growth in values as volumes increase over the next four to six weeks as expected.\u201d<\/p>\n

\u201cLow-mileage superminis and small hatchbacks have particularly broad appeal, from owners of larger cars looking to downsize to younger drivers choosing their first car. While de-fleeted MPV values were fairly static compared to July, the year-on-year upward trend was seen again in August, with average selling prices up 15.2% (\u00a31,120), helped by mileage being 12% (8,869 miles) lower than the previous month.\u201d<\/p>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

The average values for de-fleeted cars were up 2.2% (\u00a3159) Read More…<\/a><\/p>\n","protected":false},"author":4,"featured_media":110,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[134],"class_list":["post-2465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-manheim"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/2465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=2465"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/2465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=2465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=2465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=2465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}